Like many other industries, the commercial legal system has been feeling the negative impact of CO VID-19 courtroom closures and the difficulty of conducting business in person during a recession. You may want to check out Mesa Bankruptcy Lawyers for more. In an effort to conserve cash and stimulate business, many local firms are choosing to file for Chapter 7 bankruptcy instead of going through the cumbersome and expensive trial process. Unfortunately, many of these same companies will be filing for Chapter 13 bankruptcy, a decision that carries just as much risk because it allows credit companies and debt collectors to continue harassing you even after your case has been dismissed. While your initial motivation may be to ease your financial burdens through the filing process of your case, it is imperative to consider the long term consequences of your actions.
If you are facing mounting credit card debt and struggling to meet monthly minimums on your automobile, mortgage, or health insurance policies, a bankruptcy lawyer can help you decide if filing for Chapter 7 is right for you. He or she will also be able to determine if a short sale or repayment plan is a better option for your circumstances. If you fail to acknowledge your debts after you have been discharged from filing bankruptcy, collection agencies and wage garnishments are permitted to continue making harassing phone calls and collection letters in an effort to collect the debt. If you take action to file for bankruptcy protection, you will not only stop the harassment but you can also save your credit rating from lasting effects of your filings.
Finding a bankruptcy lawyer who has experience working with chapter 13 cases is imperative if you are experiencing financial difficulties. The most qualified attorney will know the ins and outs of the complex chapter discharge process and how best to protect your rights while working with their client. Attorneys specializing in chapter 13 cases will also understand the technicalities of the bankruptcy code and how to ensure that the debtor receives all the protection he or she is entitled to. If you are faced with pressing financial issues and feel that chapter 13 is the right choice for you, contact an experienced attorney today to discuss your case and your options.